News Now
Senators See Finish Line for Retirement Security Bill
Headline: Senators See Finish Line for Retirement Security Bill
Publication: Barron’s
Article Date: December 3, 2021
The Retirement Security and Savings Act would encourage businesses to offer more generous retirement plans by expanding the safe harbor for plans that automatically enroll employees and offering employers a tax credit. Read More…
Putting Aging Risks Into Perspective
Headline: Putting Aging Risks Into Perspective: Retirees Are Less Worried About Financial Fraud and Costs Associated With Aging
Publication: yahoo!finance
Article Date: November 16, 2021
Despite being at the highest risk of experiencing elder financial abuse, retirees reported having the least concern that they will become a victim of financial fraud and scams. Read More…
California pension law causes DOL to cease federal transit assistance
Headline: California pension law causes DOL to cease federal transit assistance
Publication: Pensions & Investments
Article Date: November 12, 2021
Elected officials in California are calling on the Department of Labor to reverse a decision that a state pension reform law violates a federal law related to mass transit funding. Read More…
Retirement Is Expensive. Here’s Why Pensions Can Help
Headline: Retirement Is Expensive. Here’s Why Pensions Can Help
Publication: Forbes
Article Date: November 1, 2021
Retirement arguably is most expensive thing people will pay for, and having a good pension can help. The HOOPP report says it well: pensions are efficient vehicles to pay for something expensive: retirement. Read More…
The largest COLA hike in 40 years is coming to Social Security in 2022
Headline: The largest COLA hike in 40 years is coming to Social Security in 2022
Publication: Market Watch
Article Date: October 13, 2021
The cost-of-living adjustment in 2022 will be 5.9%, according to the Department of Labor. It will be the largest increase to COLA in 40 years, and a boost to Social Security beneficiaries’ checks. Read More…